Travel

You may soon be able to stay at a hotel owned by Louis Vuitton. Belmond LTD (NYSE: BEL) shares were soaring Friday after news broke that the company will be acquired by LVMH Moet Hennessy Louis Vuitton SA ADR (OTC: LVMUY). What Happened Belmon — a hospitality company that owns,...

The latest Delta Air Lines, Inc. (NYSE: DAL) investor day highlighted sustainability of the company’s earnings through the cycle, and the airline's commentary on near-term demand and long-term positioning was favorable, according to Raymond James. The Analyst Analyst Savanthi Syth...

Online travel agency Booking Holdings Inc (NASDAQ: BKNG) finalized and closed its acquisition of hotel metasearch site HotelsCombined, which prompted Guggenheim to revisit its thesis on the stock. The Analyst Guggenheim Partners' Jake Fuller maintains a Neutral rating on Booking Holdings with...

A couple of weeks back, a truck hailing from China drove into the depths of central Asia as it journeyed West, traversing through Kazakhstan and Russia to enter Europe through Belarus and finally unloading its freight in Poland. Though a lot of trucks have likely traced this path before, what is of...

Truckers will still have to watch out for Winter Storm Diego as snow, sleet, and freezing rain cause more problems today across the Southeast, mostly in North Carolina. Even after the storm ends later today into this evening, many roads will remain slick through the week. Drivers could hit icy...

Major snowfall of around 15 inches in Winston-Salem, North Carolina, weekend of December 8-9, 2018. (Photo: @AaronRigsbyOSC on Twitter) Hundreds of thousands of people in the South will have to deal with the effects of Winter Storm Diego the rest of the week, even after the storm ends tonight. The...

Main U.S. maritime agency's probe into practices of ocean carriers and terminals winds down, but no changes yet seen. Drayage carriers see little, if any, improvement among ocean carriers and marine terminals in when and why they charge fees for the length of time a container sits on or off...

The tax changes of 2017 caused some fleets to consider leasing as opposed to buying, and new accounting rule changes could have a similar effect, says Fleet Advantage. Tax reform has likely contributed to a boom in new truck orders, but it has also increased the importance of asset lifecycle...

If popular media is to be taken on face value, Elon Musk could very well be an enigma. But when the aura wanes and as the dust settles behind it, a lot of the ideas - albeit visionary - might actually sound unfeasible and borderline dubious. The Boring Company, another innovative idea in the long...

Hotel chain Marriott International Inc (NASDAQ: MAR) confirmed Friday it has been a victim of a data security breach involving its Starwood guest reservation database. What Happened Marriott said in a regulatory filing it first became aware of a potential data breach Sept. 8, when an internal...

A Load Track screen from Trucker Tools   It would seem that with all the progress being made in location technologies through GPS, satellites and other tools that keeping track of where a truck or some other asset is wouldn't be a big deal. Diana Bullington is the IT director at Syfan...

The Manhattan multi-level facility of DHL Express would probably look busy any day, particularly in the morning. And it did so on the day after Cyber Monday, when DHL Express invited in the media to discuss market conditions. The hard data underneath all that activity, according to Greg Hewitt, the...

The "lake effect snow machine" keeps cranking across New England and parts of the northeastern U.S. for the next two days. However, heavy snow will also be an issue away from the Great Lakes. It'll be tough to move freight as huge amounts of snow pile up and blow around. Winds will be...

Commentary. The views expressed here are those of the author and do not necessarily represent the views of FreightWaves.   As the trucking industry faces a driver shortage, fleet managers are tasked not only with hiring the right employees, but ensuring they stay for the long haul. According...

Spirit Airlines Incorporated (NYSE: SAVE) said Monday that it expects its total revenue per available seat mile, or RASM, to rise around 11 percent in the fourth quarter —nearly double its initial guidance of 6 percent. Raymond James, Bank of America Merrill Lynch and JPMorgan issued notes in...